March 9, 2026
Facilitating Philanthropy: Scholarships as a Strategy: Turn Philanthropy Into Lasting Opportunity
Scholarships are one of the most powerful ways donors can invest in the future of our community. By helping students pursue higher education, donors not only support individual dreams but also strengthen the workforce, leadership, and prosperity of the region for generations to come.
One meaningful way to create a lasting impact is by establishing a scholarship fund through the Paso del Norte Community Foundation. A scholarship fund allows donors to define the purpose of their giving—whether that means supporting students from a specific school, those pursuing certain career paths, or individuals overcoming financial barriers to education.
Through the foundation, donors can create an endowed or non-endowed scholarship fund. Endowed funds are invested so that the principal remains intact while earnings provide scholarships year after year, creating a permanent legacy of opportunity. Non-endowed funds can provide scholarships more immediately while still benefiting from the foundation’s administrative support and scholarship management services.
Another advantage of establishing a scholarship fund through a community foundation is the tax benefit. Contributions to scholarship funds are generally tax-deductible to the fullest extent allowed by law because the foundation is a qualified 501(c)(3) public charity. Donors may also benefit from favorable tax treatment when contributing appreciated assets such as stock.
In addition to these financial advantages, the Paso del Norte Community Foundation handles many of the administrative aspects of scholarship management—from application processes and selection coordination to compliance and distribution—allowing donors to focus on the impact of their generosity.
For donors who want to create opportunity and leave a lasting legacy, a scholarship fund can be one of the most meaningful investments they make in the future of our community.